“Wormhole has quickly become one of the largest DeFi networks in the world,” Wormhole Foundation Director Hendrik Hofstadt said in a statement. “The network plays a key role in enabling liquidity to flow into new ecosystems, which has a profound impact on the growth and expansion of decentralizing protocols, projects, liquidity, governance, and participation.” Source link
US and EU Look to Blockchain to Track Greenhouse Gas Emissions Source link
Numerous developers have been left in uncertainty in the aftermath of the Terra (LUNA) collapse. These Terra-based projects, which are already under a lot of pressure, may be able to save their communities and projects by migrating to other networks. In a move that is expected to benefit both the Polygon (MATIC) community and Terra projects, Polygon Studios’ CEO Ryan Wyatt tweeted on Monday that Polygon is working with a number of Terra projects to assist them to migrate to the Polygon Network. The Polygon community, according to Wyatt, “is…
In April, Bitcoin mining company Riot Blockchain announced its ambitious plans to expand their operations and light up over 200,000 homes in Corsicana, Texas. Riot Blockchain is one of the biggest mining operators backed by a 400 MW facility that can be found in Rockdale, Texas. The company recently revealed that they’re now expanding to a 256-acre site intended for crypto mining in Corsicana that is set to launch in July next year. Although the company claimed that they have enough capacity to power around 200,000 homes, their current facility…
Crypto custody firm Fireblocks has launched a new integration with the DigitalBits blockchain, providing users with secure access to products and services built on the DigitalBits blockchain, such as branded cryptocurrencies, NFTs and other digital assets. The DigitalBits blockchain is a first-layer protocol for NFTs to tokenize assets and support various brands created on their blockchains. With Beckham’s close relationship with the brand, the partnership will facilitate DigitalBits’ collaboration with global brands such as Adidas, Maserati, Tudor, Sands, Diageo and EA. “This strategic integration by Fireblocks is a huge milestone…
Colin Miles, the newly-appointed CEO of TZ APAC expects blockchain and web 3.0 curricula to start becoming an integral part of secondary and tertiary education within the next three to five years. “I would think it’s that classic medium-term, three-to-five timeline,” said Miles. Miles was speaking to Cointelegraph after the announcement of TZ APAC’s partnership deal with the National University of Singapore (NUS)’s School of Computing on May 10, which will see the Tezos agency supporting the development of the university’s new center for Nurturing Computing Excellence. Miles said: “If…
Terraform Labs, the company which supports the Terra ecosystem, briefly halted the Terra blockchain for two hours on Thursday after a dramatic slump in LUNA and UST, before restarting at around 1:45 p.m. local time. The company said the suspension of the network was to implement a patch preventing users from staking on its network. Terraform explained it briefly that the suspension of blockchain operations as LUNA’s price dropped too low, that need to “prevent governance attacks” adding that: “Terra validators have decided to halt the Terra chain to…
Validators for the Terra blockchain have decided to officially halt network activity on Thursday in a move designed to prevent governance attacks following the severe devaluation of the network’s LUNA token. Terraform Labs’ official Twitter handle confirmed that the blockchain network was halted at a block height of 7,603,700. The move follows a series of dramatic events that triggered an unprecedented decline in the price of LUNA and its associated TerraUSD (UST) stablecoin. The stablecoin, which was designed to maintain algorithmic parity with the United States dollar, lost its peg…
Decentralized blockchain technology has been around for a relatively short period of time, in the grand scheme of things, but its decentralized nature has the power to keep data and information out of the hands of censors looking to create a “safe” and “faultless” version of history. Blockchain is permissionless and literally owned by no one. So, while we can’t save the Alexandria libraries of the past, we can make sure the future is well equipped with the tools necessary to preserve historical records. Here we’ll look at some of…
Digital currency ecosystem company BTCS, a pioneer in the blockchain and digital currency ecosystem, announced the addition of blockchain-based game Axie Infinity to its blockchain infrastructure operations. According to its statement, the player ownership can allow the community to reward players to earn “actual monetary value” when they reach a higher level in the game, which is different to traditional video games, fulfilling the goal of “play to earn”. The company said BTCS has completed the technical job of running Axie Infinity validator nodes, while including it in the Staking-as-a-Service…